Page 13 - Harsh Kumar

CPSEs exhaust over 94% of capital expenditure target till February

CPSEs exceeded their full year targets at 100.4 per cent and 108 per cent in FY23 and FY24 respectively

ED arrests WTC Group promoter Ashish Bhalla in real estate fraud case

The ED had conducted search operations on January 27 against Bhalla and Bhutani Group promoter Ashish Bhutani in connection with the same case

FM launches digital footprint-based credit assessment model for MSMEs

The Finance Ministry statement further noted that the benefits to MSMEs by use of this model includes submission of application from anywhere through online mode, reduced paperwork and branch visit

Don't be mere spectator, grab global opportunities: PM Modi to industry

The PM also pressed the point that India remains a growth engine for the global economy and that it has proven its resilience in challenging situations

Rs 4.5K-cr 'investment fraud': ED conducts searches in Delhi, Mumbai

According to the ED, during the search operations, various incriminating documents detailing overseas assets currently being operated by family members of the main accused

Govt upgrades IRCTC and IRFC to Navratna status from Miniratna-I

With these two additions, the total number of Navratna Central Public Sector Enterprises (CPSEs) has now increased to 26

BS Manthan: GM only way to lower edible oil imports, says NITI's Chand

NITI Aayog Member Ramesh Chand says GM is only way to lower edible oil imports

BS Manthan: Audit quality has improved in past few years, says NFRA chief

He further added that the regulatory body is not passing disciplinary orders in abundance and is instead focussing on inspections

Centre readies plan to sell up to 20% in five public-sector banks

Govt may consider both OFS and QIP routes for diluting its stake

Centre kickstarts process for stake sale in PSBs and listed PFIs

According to the government's disinvestment strategy, five public-sector lenders are required to reduce their government stakes to below 75%

Makhananomics spices up Bihar's political battle ahead of Assembly polls

With Chouhan's outreach to makhana farmers on eve of PM's visit and Union Budget boost for the state, BJP-led NDA gears up to return to power in its stronghold

RBI likely to hold fresh talks on project financing in three months

Last year in May 2024, RBI released a draft direction outlining the prudential framework for project loan financing

ED arrests key players in Rs 719 crore fake Chinese loan app scam

ED officials reported that the arrested individuals received substantial remuneration-Rs 2 crore and Rs 70 lakh, respectively-for their involvement in creating these illicit accounts

FinMin to discuss hiking deposit insurance limit with PSBs on March 4

This is the first review meeting of the finance ministry with PSBs after the Union Budget 2025-26

Regulator has been urging caution on NBFC pricing: Aadhar HF MD & CEO

The adjustments in the US economy suggest we may see stability over time, says Rishi Anand

Irdai seeks IPO road map from 10 general and life insurance companies

To list on an Indian stock exchange, an insurance company must meet several performance parameters

Finance ministry no to public sector banks taking haircut on MTNL loans

If allowed, this would amount to default by central government, it says

RBI will allow ample time for implementing changes regarding ECL, LCR: Guv

RBI Governor Sanjay Malhotra says market determines rupee depreciation, touches on necessary regulations surrounding cryptocurrency

PSBs strongly capitalised and ready to fuel economic growth: FinMin

PSBs have significantly improved asset quality, with a low net non-performing asset (NPA) ratio of 0.59 per cent, and an aggregate net NPA outstanding of Rs 61,252 crore

Infra financing not an issue; need to increase project pipeline: NaBFID MD

The government has acknowledged the need for this product and made the Budget announcements. Concurrently, we have been working on developing the product, said NaBFID MD